Freestanding Retail Building with
For Sale
Contact for pricing
25501 Harper Avenue, St Clair Shores, MI 48081
The corner property has access from Harper Avenue and Crowley Street, plus covered drive-through lanes.
Property Size780 SF
Price / SF$1.60
Days on Market31
Property Features for 25501 Harper Avenue
General Information
Standard status
Active
Size
780 SF
Property subtype
Commercial
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Road Access
Yes
Building Details
Buildings
1
Listing Agency:
GoodHome Realty, LLC
Listed By:
Quinton Lemond · License #6501444350
(248) 928-4992
Source:
Goodhomemi
Added: Sep 29
Changed: Oct 28
Last Checked: Oct 28 at 6:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GoodHome Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding retail building includes multiple covered drive-through lanes and a layout described as supporting both drive-through and walk-in service. Its corner position at Harper Avenue and Crowley Street provides access from both streets.
The property is located in an established commercial corridor. The existing drive-through configuration is a physical feature of the site; any changes or uses would be subject to applicable municipal requirements.
The property is located in an established commercial corridor. The existing drive-through configuration is a physical feature of the site; any changes or uses would be subject to applicable municipal requirements.
Key Highlights
- Freestanding retail building
- Corner location at Harper Avenue and Crowley Street
- Multiple covered drive‑through lanes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,766
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,320
$115.3K
Cap Rate 7%
$82,371
$82.4K
Cap Rate 9%
$64,067
$64.1K
Market Conditions
NOI Build-Up for 780 SF
Gross rent
$9.4K $12.00/SF
− Vacancy
−$1.1K −$1.44/SF
EGI
$8.2K $10.56/SF
− OpEx
−$2.5K −$3.17/SF
NOI
$5.8K $7.39/SF
Area
Macomb County, MI
Vacancy
12.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$115,320
Cap Rate 7%
$82,371
Cap Rate 9%
$64,067
Alternative Uses
Best Use
Specialty Retail
$146.0K
$127.8K – $170.4K
NOI $10,222 @ 7.0% cap · market cap 817.76%
Second Best
Retail
$82.4K
$72.1K – $96.1K
NOI $5,766 @ 7.0% cap · market cap 461.28%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
866
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Beauty & Spa 9%
Shell
Shops & Services
8,088 visits/mo
0.4 miles
Huntington Bank
Shops & Services
7,186 visits/mo
0.5 miles
Cosmoprof
Beauty & Spa
1,502 visits/mo
0.5 miles
Demographics for 48081, MI
20,496
Population
9,669
Households
2.1
Avg Household Size
45
Median Age
27%
College-Educated
95%
High-School Grad
3.9 sq mi
ZIP Area
5,255
Density / Sq Mi
$75,735
Median Household Income
$51,140
Median Earnings
$1,272
Median Rent
$202,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Mancuso's — 24440 Harper Ave, St Clair Shores, MI 48080
Frequently Asked Questions
What type of property is this?
Storefront property - The corner property has access from Harper Avenue and Crowley Street, plus covered drive-through lanes.
Where is this storefront property located?
The property is located at 25501 Harper Avenue St Clair Shores, MI.
What are key features of this property?
This property features: Freestanding retail building; Corner location at Harper Avenue and Crowley Street; Multiple covered drive‑through lanes
